CubeSmart — Director's Dealing 2014

Dec 9, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CubeSmart (CUBE)
CIK: 0001298675
Period of Report: 2014-12-08

Reporting Person: MARR CHRISTOPHER P (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-08	Common	M	126158.0000	$19.9700	Acquired	356055.0000	Direct
2014-12-08	Common	M	49206.0000	$17.0400	Acquired	405261.0000	Direct
2014-12-08	Common	S	49206.0000	$21.5048	Disposed	356055.0000	Direct
2014-12-08	Common	S	126158.0000	$21.5048	Disposed	229897.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-12-08	Stock Option (right to buy)	$19.9700	M	126158.0000	Disposed	2017-03-21	Common (126158.0000)	Direct
2014-12-08	Stock Option (right to buy)	$17.0400	M	49206.0000	Disposed	2016-06-04	Common (49206.0000)	Direct

Footnotes

F1: The original stock option for 126,158 shares became exercisable in three equal installments on March 22, 2008, 2009, and 2010.

F2: The original stock option for 150,000 shares became exercisable in five equal installments on June 5, 2007, 2008, 2009, 2010, and 2011